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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading: -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (707)5/17/2000 7:10:00 AM
From: Arthur Tang  Read Replies (1) | Respond to of 769
 
Cash is king; and borrowings are the pits. Margin accounts are only for short term borrowing. Long term margin accounts wipe out the nest eggs mostly due to effects of technical imbalances.

Technocal imbalance is overbought; market makers pull back 30-70-90% of last high, which may last 2 years.